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DownWithPumpers

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DownWithPumpers

Re: A deleted message

Monday, 06/12/2017 7:21:18 PM

Monday, June 12, 2017 7:21:18 PM

Post# of 692405
BETHESDA, MD, March 10, 2017

To be fair it was an odd transaction. NWBO issued debt that was convertible into shares at $6.64 each.
https://www.sec.gov/Archives/edgar/data/1072379/000114420414051450/v387098_ex1-1.htm

But the company recently provided shares at fourteen cents each. That's six dollars and fifty cents less than originally negotiated.

It's turned out to be the worst financing transaction in the history of stock trading.

Reading PRs and even more importantly SEC filings is critical to understanding this disaster.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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